News, Rumors and Opinions Saturday PM 5-13-2023
TNT:
Tishwash: A country that trades exclusively in dinars: exhibitions and the wholesale market pledge not to deal in dollars
Car showrooms and more than 40 wholesale food stores signed a pledge to 20 buy and sell in Iraqi dinars only, and stamped their commitment to the controls and instructions of the Organized Crime Office, during a joint field tour with the .local police and national security
The contractors showed cooperation on the first day of the campaign, while the .security services will take strict penalties against the violators
Investment directs to adopt the dinar in the payment of dues for housing units Director of the Office of Combating Organized Crime - Lieutenant Colonel : Mustafa Wahhab to Network 964 We implemented a major campaign to prevent selling in dollars, after the exchange rate rose against the Iraqi dinar, and we took fingerprints and pledges .from the owners of exhibitions and markets
We have achieved fruitful cooperation with everyone, and strict penalties will be .imposed against violators, according to Article 240 of the Iraqi Penal Code :Baqer Al-Obaidi - shop owner I signed a pledge to deal in dinars in buying and selling, and to abide by these .procedures in support of the national currency
Meethaq Fazaa - From customers We encourage these government steps, because they will benefit the citizens link
Courtesy of Dinar Guru
Militia Man They told us it's not going to happen [voting on the budget] until potentially the 17th. It's not very far off...they're gonna have a vote on it.
Frank26 My prediction is that the 17th will reveal the budget. Will it reveal the new exchange rate? I don't know. But it will reveal the budget and the budget needs a new exchange rate. The citizens of Iraq need their new national currency, the lower notes and coins, and the new exchange rate for it...Right now the monetary reform is explaining how they are about to do all this and then float...
****************
KTFA:
Henig: Iraq Stock Exchange achieves the first place in the Arab world in the volume and rate of daily trading
Economy News-Baghdad
The Iraq Stock Exchange achieved the first place in the average daily trading for the year 2022.
The market stated in a statement that "the conference of the Arab Capital Markets Federation AFCM for the year 2023 - Muscat, Sultanate of Oman, witnessed the announcement of the achievement of the Iraq Stock Exchange first place as the best market in daily trading (trading volume) and the average number of daily traded shares for the year 2022 in accordance with the standards of the Arab Capital Markets Union AFCM."
He explained that "at the same conference, Al-Rabeeh Brokerage Company was chosen as the best performance achieved by a brokerage firm for the year 2022 and Al-Karmel Brokerage Company as the best performance in trading fixed income instruments."
He pointed out that "the evaluation shield was received on Tuesday 9/5/2023 in Muscat - Sultanate of Oman / at the Arab Financial Markets Federation Conference."
The Iraq Stock Exchange has been a member of the Union of Securities Markets since 2005 and was chosen as a member of the Federation's Board of Directors in 2022.
Added 2023/05/13 - 9:49 PM LINK
WOW! "No More Silver Eagles But Junk Silver Will Make You MILLIONAIRE"- Bill Holter & Andy Schectman:
Finance Basics: 5-12-3034